Int'l Assoc Of Bridge Structural & Ornamental Iron Workers Local 399 is located in Hammonton, NJ. As of 06/2024, Int'l Assoc Of Bridge Structural & Ornamental Iron Workers Local 399 employed 23 individuals. Int'l Assoc Of Bridge Structural & Ornamental Iron Workers Local 399 is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 06/2024, Int'l Assoc Of Bridge Structural & Ornamental Iron Workers Local 399 generated $3.8m in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 11.3% each year . All expenses for the organization totaled $3.3m during the year ending 06/2024. While expenses have increased by 12.7% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2024
Describe the Organization's Mission:
Part 3 - Line 1
LABOR UNION
Describe the Organization's Program Activity:
Part 3 - Line 4a
LOCAL DESIGNATION OF THE INTERNATIONAL ASSOCIATION OF BRIDGE, STRUCTURAL, ORNAMENTAL AND REINFORCING IRON WORKERS. AN AFL-CIO AFFILIATION SERVING APPROXIMATELY 1000 WORKERS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Richard Sweeney President | Officer | 40 | $203,116 |
Gary Brown Vice President | Officer | 40 | $192,526 |
Greg Ferretti Treasurer/busn Agent | Officer | 5 | $193,261 |
Dennis Fallon Executive Board | Officer | 2 | $494 |
Jason Garcia Recording Secretary | Officer | 2 | $6,851 |
Michael Ford Business Agent | Officer | 2 | $195,348 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $3,366,621 |
Investment income | $191,763 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $97,620 |
Net Gain/Loss on Asset Sales | -$8,946 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $1,617 |
Miscellaneous Revenue | $0 |
Total Revenue | $3,837,479 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $868,704 |
Compensation of current officers, directors, key employees. | $989,250 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $2,310 |
Pension plan accruals and contributions | $470,368 |
Other employee benefits | $131,923 |
Payroll taxes | $72,096 |
Fees for services: Management | $0 |
Fees for services: Legal | $21,281 |
Fees for services: Accounting | $14,715 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $1,896 |
Fees for services: Other | $14,000 |
Advertising and promotion | $71,726 |
Office expenses | $77,965 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $133,812 |
Travel | $32,709 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $26,514 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $162,031 |
Insurance | $54,343 |
All other expenses | $14,115 |
Total functional expenses | $3,319,574 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $1,667,812 |
Savings and temporary cash investments | $3,991,842 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $3,756,050 |
Investments—publicly traded securities | $929,582 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $103,120 |
Total assets | $10,448,406 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $22,759 |
Total liabilities | $22,759 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $10,425,647 |
Total liabilities and net assets/fund balances | $10,448,406 |